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California Suit Against Uber and Lyft Is a Game Changer, Aquent CEO Says

May.11 — Aquent Chief Executive Officer John Chuang says Uber Technologies Inc. and Lyft Inc. are shirking their responsibilities by misclassifying their workers. He speaks with Bloomberg’s Amanda Lang on “Bloomberg Markets.”

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May.11 — Aquent Chief Executive Officer John Chuang says Uber Technologies Inc. and Lyft Inc. are shirking their responsibilities by misclassifying their workers. He speaks with Bloomberg’s Amanda Lang on “Bloomberg Markets.”

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10 Comments

10 Comments

  1. CaliforniaMISC

    May 11, 2020 at 7:05 pm

    AB5 needs to be enforced

  2. Tony Montana

    May 11, 2020 at 7:30 pm

    People are like “I’m my own boss, and I can’t work a 9-5,” but at the same time want benefits.

    • Joan Tron

      May 11, 2020 at 8:09 pm

      Tony Montana asshole

    • TrendThis

      May 11, 2020 at 8:31 pm

      Yeah that’s the big issue. It’s gray.

    • Knight of Christianity

      May 12, 2020 at 1:06 am

      No one wants to slave for greedy conglomerates, humans aren’t machines.

  3. Brenthon Villegas

    May 11, 2020 at 7:46 pm

    CA making it harder for businesses to thrive.

    • Monis Siddiqui

      May 12, 2020 at 12:05 am

      Businesses or psychopaths?

  4. Joan Tron

    May 11, 2020 at 8:10 pm

    Workers Unite!!

  5. sparkle sparkles

    May 11, 2020 at 9:08 pm

    Well it’s just another reason for automation/self-driving.

  6. WizZard

    May 11, 2020 at 10:22 pm

    UBER drivers be like…. “yeah, I’m actually a Doctor……. but I do this a few hours a week cause I just really like to drive, and like to hang out with really cool people like you,”

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Bloomberg Technology

Jackson Hole, Anthropic’s Court Win and PayPal Deal Collapse | Bloomberg Tech 8/28/2026

Bloomberg’s Tim Stenovec zeroes in on Jackson Hole after Federal Reserve Chairman Kevin Warsh delivered his first address at the Symposium. Plus, a US judge rules that the Trump administration must lift its ban on Anthropic’s AI tech for federal agencies. And, a consortium of Advent and Stripe decided to abandon its pursuit of PayPal,…

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Bloomberg’s Tim Stenovec zeroes in on Jackson Hole after Federal Reserve Chairman Kevin Warsh delivered his first address at the Symposium. Plus, a US judge rules that the Trump administration must lift its ban on Anthropic’s AI tech for federal agencies. And, a consortium of Advent and Stripe decided to abandon its pursuit of PayPal, a deal that would have ranked as one of the biggest-ever leveraged buyouts.

00:00:00 – Bloomberg Tech Begins
00:02:30 – Mike McKee, Bloomberg News
00:05:25 – Max Gokhman, Franklin Templeton
00:11:13 – Ryan Gould, Bloomberg News
00:14:04 – Han Fengtao, Spirit AI
00:19:31 – Rachel Metz, Bloomberg News
00:24:41 – Mike McKee & Lisa Abramowicz, Bloomberg News
00:28:25 – Ryan Vlastelica, Bloomberg News
00:34:04 – Michael Shepard, Bloomberg News
00:37:18 – Andrew Bailey, Bank of England Governor
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Anthropic Scores Legal Win Against Trump Administration

A US judge ordered the Trump administration to lift its ban on Anthropic’s AI technology for federal agencies, finding the restriction wasn’t adequately justified and was partly intended to make a public example of the company. Bloomberg’s Rachel Metz explains why the ruling doesn’t immediately end Anthropic’s legal fight. She also breaks down a separate…

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A US judge ordered the Trump administration to lift its ban on Anthropic’s AI technology for federal agencies, finding the restriction wasn’t adequately justified and was partly intended to make a public example of the company. Bloomberg’s Rachel Metz explains why the ruling doesn’t immediately end Anthropic’s legal fight. She also breaks down a separate warning from Anthropic, OpenAI, and other companies about the growing threat of AI-enabled cyberattacks with Tim Stenovec on “Bloomberg Tech.”
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AI Could Push Inflation Either Way, Says BOE’s Bailey

Bank of England Governor Andrew Bailey says AI could prove either inflationary or disinflationary depending on whether its impact on demand arrives before productivity gains on the supply side. Speaking at Jackson Hole, Bailey also discusses the UK inflation outlook, why he agrees with Federal Reserve Chairman Kevin Warsh on the limitations of forward guidance,…

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Bank of England Governor Andrew Bailey says AI could prove either inflationary or disinflationary depending on whether its impact on demand arrives before productivity gains on the supply side. Speaking at Jackson Hole, Bailey also discusses the UK inflation outlook, why he agrees with Federal Reserve Chairman Kevin Warsh on the limitations of forward guidance, and why the BOE will make its own rate decisions regardless of the Fed’s path. He joins Bloomberg’s Lisa Abramowicz on “Bloomberg Tech.”
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